Oracle Declared Gartner’s 2019 Leaders Quadrant for Cloud Core Financial Management Suites
by Tech Mainstream Staff
June 24, 2019
For the third consecutive year, Oracle (NYSE: ORCL) been named a leader in Gartner’s 2019 “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises” report. Oracle ERP Cloud was chosen out of 10 products by Gartner because of "its ability to execute and completeness of vision."
Oracle ERP Cloud spans complete ERP areas such as Financials, Procurement, and Project Portfolio Management (PPM), as well as Enterprise Performance Management (EPM) and Governance Risk and Compliance (GRC). Combined with Supply Chain Management (SCM) and native integration with the broader Oracle Cloud Applications suite, which includes the Human Capital Management (HCM) and Customer Experience (CX) SaaS applications, "Oracle helps customers to stay ahead of changing expectations, build adaptable organizations, and realize the potential of the latest innovations."
Oracles previous accomplishments include sole Leader in Gartner’s 2018 Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises, Leader in the Gartner 2018 Magic Quadrant for Cloud Financial Planning and Analysis Solutions (with the highest position for its ability to execute) and Leader in the 2018 Magic Quadrant for Cloud Financial Close Solutions.